Wed, 4 February
3.1 C
Yerevan
USD: 378.26 RUB: 4.93 EUR: 446.88 GEL: 140.65 GBP: 518.67

Commercial banks of Armenia in intra-banking market of foreign currency last week obtained over $54.9 million

YEREVAN, February 27. /ARKA/. In intra-banking market of foreign currency of Armenia in February 20-24 the banks obtained more than $54.9 million by weighted average rate of 388.51 drams per $1, press-service of CBA informed ARKA News Agency.

In the same period about 6.1 million euros and 476.4 million rubles by weighted average rate of 512.95 drams per  €1 and 12.95 per 1 ruble was obtained.

At the same time, in intra-banking market of foreign currency over $77.5 million, about €8.3 million and over 63.3 million rubles by weighted average rate of 389.67 drams, 516.46 drams and 13.15 drams was sols respectively.

According to the press-release, in intra-banking market transactions of USD purchase and sale was implemented in the amount of $100 thousand by weighted average rate of 389.5 drams per $1. Transactions in ruble and euro was not implemented in the intra-banking market.

In February 13-19 the volume of dram credits provided by the Armenian banks was 23.7 billion drams and in USD – $52.2 million. ($1 – 389.32 drams). -0-

spot_img

POPULAR

Central Bank of Armenia maintains refinancing rate due to  balance of supply and demand – Galstyan

The Central Bank of Armenia's Board has opted to keep the refinancing rate steady, primarily because of the balance between supply and demand,  stated  the head of the bank, Martin Galstyan.

Euro ups 3.39 points against Armenian dram

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market on January 29, 2026, increased by 0.24 points compared to January 26, reaching 379.1 drams.

Central Bank of Armenia advocates for maximum rigor in identifying crypto company clients.

The chairman of the Central Bank of Armenia, Martin Galstyan, asserts that the process of identifying clients of cryptocurrency companies in the country should be as stringent as possible.

Euro, dollar, and ruble drop against Armenian dram

As of February 3, 2026, the average exchange rate of the US dollar against the Armenian dram in the Armenian foreign exchange market has risen by 0.59 points from February 2, now standing at 378.44 drams.

Austrian insurance group GRAWE interested in entering the insurance business in Armenia

The Austrian insurance firm GRAWE is keen on entering the Armenian insurance market.

LATEST NEWS

spot_imgspot_imgspot_img